4% rule

For decades, financial planners have recommended to retirees that a 4 percent withdrawal rate from their nest eggs would be sustainable through the years, almost guaranteeing that they wouldn’t run out of money. Now it turns out that the 4 percent rule may be too generous and could put many of us at risk for outliving our savings. [Use our retirement calculator to see how much you’ll need] The annual 4 percent withdrawal rate has helped most retirees retain their …